LOL, the current political heads for the state of Texas (and county of Taylor) will happily trade future liability of their constituents for investment now (and kickbacks later). Honestly, I think Samsung's management is more comfortable in this sort of "political" environment than many others.
If you watch local news reporting, it's hilarious that they (politicians) have no idea what the "factory" does. I'm personally highly doubtful that a fab which hasn't broken ground will be producing viable 5nm at the 2H of 2024 as claimed (or cyber trucks for that matter).
> the current political heads for the state of Texas (and county of Taylor) will happily trade future liability of their constituents for investment now (and kickbacks later)
Billion dollar "public/private" investments turn in to boondoggles except for those who retire as lobbyists or foreign firms who pick up the pieces of the bankruptcy.
You might want to do some research into the people in charge. You're kind of implying that those people would listen to bean counters over their pollsters. This is where the flaw in your logic is located. Also, you're using logic in the first place ;-)
Surely there's an insurance company that would take on that risk, and the government could pay for it. These government incentives are rife with excessive spending on a per-job/total economic impact basis. I see no reason why this detail would derail things.
If you watch local news reporting, it's hilarious that they (politicians) have no idea what the "factory" does. I'm personally highly doubtful that a fab which hasn't broken ground will be producing viable 5nm at the 2H of 2024 as claimed (or cyber trucks for that matter).